It depends on how many creativity points your Sim has, one with only a few points can sell a painting for anything from $2 to $15, Sims with maximum points can sell paintings â¦ for over $900. 1 person found this useful.
Net Assets. Net assets is the measure of your total assets less your total liabilities. What differentiates it from net equity is that you include inventory along with your other assets. A company with $50,000 in inventory, $200,000 in other assets and $150,000 in liabilities has $100,000 in net assets but only $50,000 in net equity.
Net profit and taxable income can be different becuase for tax purposes some expenses may or may not be allowable and some income may be assessable or not assessable. Balance sheet. A balance sheet is a snapshot of what a business owns (assets) and owes (liabilities) at a specific point in time. A balance sheet is usually completed at the end of a month or financial year and is an indicator of the financial health of your business. A balance sheet is in three sections: 1  assets â including cash, stock, equipment, money owed to business, goodwill. 2  liabilities â including loans, credit card debts, tax liabilities, money owed to suppliers. 3  ownerâs equity â the amount left after liabilities are deducted from assets.